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POCATELLO, Idaho - Hoku Materials Inc., a subsidiary of Hoku Scientific Inc., said Friday it has signed a deal with Great Western Malting Co. to provide heated waste water from its planned polysilicon manufacturing plant for use in malt production.
| HOKU | 4.03 |  -0.02 |
Great Western, a unit of privately held United Malt Holdings, operates a malting plant next to Hoku's planned plant in Pocatello, Idaho.
Under the deal's terms, Hoku will supply Great Western with heated process water, a byproduct of polysilicon manufacturing. Great Western will then use the water as a heat source in its malt production line and then return the cooled water to Hoku for re-use.
Great Western said the deal will reduce its dependence on natural gas and reduce emissions.
The companies also announced a joint agreement with the city of Pocatello and the Pocatello Development Authority to build a new public road along the southwestern boundaries of the two companies' properties. Work is scheduled to begin on the road in 2009.
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